Define: Insolvency

UK Accounting Glossary

Definition: Insolvency


Quick Summary of Insolvency


A state where an individual or organisation can no longer meet financial obligations with lender(s) when their debts come due.



What is the dictionary definition of Insolvency?

Dictionary Definition



Full Definition of Insolvency




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Page URL
https://payrollheaven.com/define/insolvency/
Modern Language Association (MLA):
Insolvency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 17, 2019 https://payrollheaven.com/define/insolvency/.
Chicago Manual of Style (CMS):
Insolvency. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/insolvency/ (accessed: July 17, 2019).
American Psychological Association (APA):
Insolvency. PayrollHeaven.com. Retrieved July 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/insolvency/

Definition Sources


Definitions for Insolvency are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 24th December 2018.